Professional Services

Shift is a non-bank business lender. Offering a range of credit and payment products to provide financial certainty, so businesses can operate and grow.

Prior to Aretex coming on board, we were using a bookkeeper based out of New Zealand. The quality of work provided was inconsistent. It was incomplete, inaccurate and always delayed. If your bookkeeper or accountant doesn’t know your business inside out, that will be reflected in the accounts. And ours didn’t understand our business.

The problem with subpar bookkeeping is that we require data to produce the management accounts. The constant delays and inaccuracies caused bottlenecks and led to costly rework and poor reporting. There was also a tax agent that was GST and BAS compliance driven, whose data and reporting also didn’t align with the bookkeepers.

We sought external CFO advisory, who then appointed Aretex to handle all operational accounting and bookkeeping. Aretex offered a one-stop shop solution – bookkeeping, tax agent, payroll, accounts receivable and payable, reporting, the whole lot..

What we love about Aretex is their reliability. The work is completed on time, accurately and to the highest quality standards. With a single point of contact and access to an entire team’s capability and expertise, we don’t have to worry about who’s sick or hasn’t turned up for work today – the accounting is done. The alternative of building an in-house team in Sydney would impose significantly higher costs without any greater return on investment.

They’re also extremely adaptable. We’ve not used Xero in our business for some time now, instead opting for Technology One. Aretex went the extra mile of training their staff to be working exclusively for Shift on the Technology One platform. I’ve not found another provider that was prepared to do this for us.

Alvin Ah-Chok, Finance Director